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Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices

Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_hal_primary_oai_HAL_hal_00566633v1

Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices

About this item

Full title

Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices

Author / Creator

Publisher

Fountain: Presses Universitaires de Grenoble

Journal title

Finance (Paris), 2003-12, Vol.24 (2), p.85

Language

English

Formats

Publication information

Publisher

Fountain: Presses Universitaires de Grenoble

More information

Scope and Contents

Contents

In this article, we present a new type of executive stock option, dubbed the indexed stock option with a ratchet mechanism and average prices. We also derive its pricing model and investigate its incentive implications. Like an indexed option, the proposed option links its strike price to a benchmark, so as to eliminate common risks beyond the reac...

Alternative Titles

Full title

Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices

Authors, Artists and Contributors

Author / Creator

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_hal_primary_oai_HAL_hal_00566633v1

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_hal_primary_oai_HAL_hal_00566633v1

Other Identifiers

ISSN

0752-6180

E-ISSN

2101-0145

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